1115 2nd St SEValley CityND58072
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable, bankable, and well-priced, 1115 2nd St SE, Valley City, ND, 58072 in Valley City delivers $1,038/mo in gross rent and $253/mo in net monthly income at a $129,000 entry. The 9.66% yield and 1.79 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $35,640 over five years and $1,188/yr in equity from loan paydown, total projected return is $65,172.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 5.1% |
| Monthly Cash Flow | $253 | $450 |
City averages based on Valley City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,038 |
| Total Monthly Debt Service | $734 |
| DSCR Ratio | 1.41x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1930
7,405 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Multi Family
Built in 1930
7,405 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: James Jensen • RE/MAX Now - VC
Mls Name: Great North MLS
Mls ID: #4019257
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.